Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 9 - Department of Energy |
SubChapter I - Agency Supplementary Regulations |
Part 970 - DOE Management and Operating Contracts |
Subpart 970.31 - Contract Cost Principles and Procedures |
§ 970.3101-4 - Cost determination based on audit.
Latest version.
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The amount reimbursable under management and operating contracts shall be determined in accordance with the principles set forth in this subpart and in accordance with the terms of
the respective contract on the basis of audit. In the event that the contractual terms differ, or are inconsistent with (see 970.3100-3 for approval of deviations) the principles stated herein, the contractual terms control. It is expected however, contractual terms to be based on the principles therein. The audit may be performed directly by DOE (or by the cognizant Federal agency pursuant to arrangements made by the DOE).